Most organizations that offer employee welfare benefit plans are required to file a Form 5500 each year - a time-consuming, highly specialized task that internal HR staff often lacks the time or expertise to complete. And penalties can be steep - up to $1,100 each day a filing is late.
~ Signature-ready Forms 5500 and all related attachments for health and welfare plans, along with the complete electronic filing services under the ERISA Filing Acceptance System 2 (EFAST2)
~ Summary Annual Reports for each plan, in a MS Word or PDF format
~ Extension preparation (Form 5558)
~ Filing guidance to minimize penalties for delinquent filings in accordance with the Delinquent Filer Voluntary Compliance Program
~ Management of data collection from multiple sources
~ Response on your behalf to Internal Revenue Service or Department of Labor inquiries for prepared filings
~ Expert consulting to ensure accurate and complete filings